Vertex Resource Group (TSXV:VTX) Total Assets : C$217.5 Mil (As of Dec. 2024)

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What is Vertex Resource Group Total Assets?

Vertex Resource Group's Total Assets for the quarter that ended in Dec. 2024 was C$217.5 Mil.

Warning Sign:

If a company builds assets at 7.9% a year, faster than its revenue growth rate of 5.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Vertex Resource Group's average Total Assets Growth Rate was -15.60% per year. During the past 3 years, the average Total Assets Growth Rate was 3.30% per year. During the past 5 years, the average Total Assets Growth Rate was 7.90% per year. During the past 10 years, the average Total Assets Growth Rate was 116.90% per year.

During the past 11 years, Vertex Resource Group's highest 3-Year average Total Assets Growth Rate was 3832.70%. The lowest was 0.70%. And the median was 12.80%.

Total Assets is connected with ROA %. Vertex Resource Group's annualized ROA % for the quarter that ended in Dec. 2024 was -12.04%. Total Assets is also linked to Revenue through Asset Turnover. Vertex Resource Group's Asset Turnover for the quarter that ended in Dec. 2024 was 0.24.

Vertex Resource Group Total Assets Historical Data

The historical data trend for Vertex Resource Group's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Vertex Resource Group Total Assets Chart

Vertex Resource Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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151.20

186.57

254.42

244.77

217.46

Vertex Resource Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															244.77	242.17	240.19	236.80	217.46

Vertex Resource Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Vertex Resource Group's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	60	+	157.456
	=	217.5

Vertex Resource Group's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	60	+	157.456
	=	217.5

Vertex Resource Group (TSXV:VTX) Total Assets Explanation

Total Assets is connected with ROA %.

Vertex Resource Group's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-27.356	/	( (236.802	+	217.456)	/ 2 )
	=	-27.356	/	227.129
	=	-12.04 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Vertex Resource Group's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	54.696	/	( (236.802	+	217.456)	/ 2 )
=	54.696	/	227.129
=	0.24

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Vertex Resource Group Total Assets Related Terms

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Vertex Resource Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Vertex Resource Group Ltd (TSXV:VTX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

VTXGF:USA

Address

161, 2055 Premier Way, Sherwood Park, AB, CAN, T8H 0G2

Website

https://www.vertex.ca

Vertex Resource Group Ltd is a provider of environmental services and solutions, offering a combination of consulting, field services, and modern equipment. With operations across Canada and the United States, Vertex's integrated environmental solutions support asset development, operations, decommissioning, and restoration in five North American sectors namely oil and gas, mining and industrial, utilities, agriculture, forestry, and government.

Executives

Sherry Ann Bielopotocky	Senior Officer
Paul Douglas Blenkhorn	Senior Officer
Howard Lynn Start	Senior Officer
Derek Jon Proctor	Deemed Insider - 6 Months before becoming Insider
Terry Allan Stephenson	10% Security Holder, Director, Senior Officer
32 Degrees Capital Advisor Ltd.	10 percent owner
Christopher Challis	Senior Officer
Jason John Clemett	10% Security Holder
Deon Walsh	Senior Officer
Imran Ashbeen Ally	Senior Officer
Michael Milan Zvonkovic	Senior Officer

Vertex Resource Group Headlines

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